Description
A licence is contractual right that helps you control, manage and protect your Intellectual Property (IP).
This IP Licence agreement allows an IP rights holder (the licensor) to make money from an invention or creative work by charging the user (the licensee) for product use.
Licences protect proprietary rights in things such as software, websites, publications, industrial processes or products – the list is extensive.
Use this IP licence agreement to give someone permission to use your Intellectual Property in exchange for a fee or an ongoing royalty while still protecting your proprietary ownership rights.